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A Designer Boom Amid the Bust in NYC | newsweek.com

Every street corner in New York these days, it seems, has a dry cleaner, pizza joint, dive bar, and neighborhood designer hotel. New York has hundreds of hotels, including at least 50 luxury properties. So why, over the past year, has the city suddenly given rise to a slew of new high-end designer properties? After all, this is where the global financial crisis started

Richard Gere has been named 2011 Ambassador at Relais & Châteaux

Richard Gere, the popular Hollywood actor, has been named 2011 ambassador of Relais & Chateaux group of luxury hotels and restaurants, which has also added Gere-owned Bedford Post, an eight-room luxury inn located north of New York City, to the Relais & Chateaux group. The fact that Richard Gere has been in hospitality business for long, his association with the Relais & Châteaux will be beneficial for both, feel industry experts.

Cornell panel talks distribution management, customer loyalty | hotelworldnetwork.com

In this age of online travel agencies and search-powered bookings, experts say it has become unclear whether brands own the hospitality customer or vice versa. Panelists brought together for the 7th edition of the Cornell University School of Hotel Administration’s Dean’s Leadership Series spent their Monday morning at The Metropolitan Club in Manhattan discussing “Distribution Management: Who Owns the Hospitality Customer?”

NYC: The Rise of the One-Room Hotel | theatlantic.com

Many web startups begin without a business model. They have a cool service or a sticky blog -- or merely an *idea* that people might like. Airbnb is not one of those startups. The site allows people to rent out their rooms or houses as vacation rentals, turning every place into a prospective microhotel. Their business model is simple: they handle the transaction, taking a 6-12 percent cut on each booking. In other words, they might not be a brick-and-mortar company, but they built in people paying them money from the beginning.

Mark Pardue has been named General Manager at Grand Hyatt New York

Grand Hyatt New York announced today the appointment of Mark Pardue as the hotel’s new General Manager as the storied property ushers in a new era with the final phase of its $130 million renovation to transform the guest experience. Grand Hyatt New York is the tenth Hyatt property that Pardue has worked in since he began working with Hyatt more than 22 years ago.